When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Interactive Brokers Group, Inc. (IBKR) .Interactive Brokers currently has an average brokerage ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________ FORM 10-Q _________________________________ (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-33440 INTERACTIVE BROKERS GROUP, INC. (Exa ...

Interactive Brokers Group, Inc. (IBKR) has released the Electronic Brokerage segment’s performance metrics for July 2024. The segment deals with the clearance and settlement of trades for individual and institutional clients globally. It reported a rise in client Daily Average Revenue Trades (DARTs).Total client DARTs for July were 2,756,000, which increased 38.4% from July 2023 and 11.6% from last month.On an annualized basis, the Cleared Average DARTs per customer account was 206 for July 2024. The metric ...

CHICAGO, July 31, 2024 /PRNewswire/ -- ForecastEx LLC ("ForecastEx"), a CFTC registered Designated Contract Market ("DCM") and Derivative Clearing Organization ("DCO"), is pleased to announce the launch of its event contract market effective August 1, 2024. ForecastEx will operate as a fully integrated DCM and DCO, offering Futures Commission Merchants ("FCMs") and their customers the ability to hedge against or express conviction on the outcome of key economic and climate events using Forecast Contracts. F ...

Interactive Brokers Group, Inc. (IBKR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this company have returned -6.8%, compared to the Zacks S&P 500 composite's -0.4% change. During this period, the Zacks Financial - Investment Bank industry, which Interactive Brokers falls in, has gained 1.3%. The key question now is: What could be the stock's f ...

Interactive Brokers stock is trading at a record high, yet it's still inexpensive.Artificial intelligence (AI) stocks have been the center of attention for the past year, and for good reason. Nvidia, for example, has delivered a whopping return of more than 160% during the past 12 months alone on the back of soaring demand for its AI data center chips.But investors shouldn't forget about the rest of the market, because there are plenty of opportunities beyond AI. Interactive Brokers (IBKR -3.06%) is one of ...

Loading...Loading...Piper Sandler analyst Patrick Moley raised estimates for Interactive Brokers Group, Inc. IBKR following its second-quarter FY24 results yesterday.Interactive Brokers reported quarterly sales of $1.29 billion, which beat the analyst consensus estimate of $1.262 billion and EPS of $1.76, surpassing the analyst consensus estimate of $1.74.Moley writes that management indicated they are in the process of onboarding “a couple dozen” new IB relationships, which he anticipates will support ongo ...

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Q2 2024 Earnings Conference Call July 16, 2024 4:30 PM ET Company Participants Nancy Stuebe - Director of Investor Relations Paul Brody - Chief Financial Officer Milan Galik - President and Chief Executive Officer Conference Call Participants Ben Budish - Barclays Craig Siegenthaler - Bank of America James Yaro - Goldman Sachs Dan Fannon - Jefferies Kyle Voigt - KBW Patrick Moley - Piper Sandler Macrae Sykes - GAMCO Chris Allen - Citi Operator Hello, and thank y ...

For the quarter ended June 2024, Interactive Brokers Group, Inc. (IBKR) reported revenue of $1.23 billion, up 23% over the same period last year. EPS came in at $1.76, compared to $1.32 in the year-ago quarter.The reported revenue represents a surprise of -2.70% over the Zacks Consensus Estimate of $1.26 billion. With the consensus EPS estimate being $1.69, the EPS surprise was +4.14%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

Interactive Brokers Group, Inc. (IBKR) came out with quarterly earnings of $1.76 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $1.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.14%. A quarter ago, it was expected that this company would post earnings of $1.63 per share when it actually produced earnings of $1.64, delivering a surprise of 0.61%.Over the last four quarters ...